twittertopbarlinks_eventstopbarlinks_requesttopbarlinks_archives
NCMA Algae Tips
Click here for more information about Liqofluxphenometrics515R1
Visit cricatalyst.com!Commercial Algae Professionals Check out more of The Buzz

Frutarom and Algalo to advance algae-based products

January 4, 2016
AlgaeIndustryMagazine.com

Algalo has developed a unique method for the efficient cultivation, harvesting and processing of a wide variety of algae that yield highly active ingredients for use in the food, dietary and clinical nutrition supplements and cosmetics industries.

Algalo has developed a unique method for the efficient cultivation, harvesting and processing of a wide variety of algae that yield highly active ingredients for use in the food, dietary and clinical nutrition supplements and cosmetics industries.

Herzeliya, Israel-based Frutarom Industries Ltd., one of the world’s 10 largest flavors and specialty natural ingredients companies, has signed an agreement to purchase half of Algalo Industries Ltd., based at Israel’s Kibbutz Ein HaMifratz.

For a total of NIS 10 million (approx. US$ 2.6 million) Frutarom will receive 50% of Algalo’s shares. The investment will lead to building a modern biotechnology facility that will specialize in cultivation, harvesting and processing algae using advanced methods. Frutarom will have exclusive worldwide marketing rights for Algalo’s products.

Algalo has developed a unique and innovative method for the efficient cultivation, harvesting and processing of a wide variety of algae that yield highly active ingredients for use in the food, dietary and clinical nutrition supplements and cosmetics industries, including strong antioxidants, lipids and unique proteins and carotenoids which help in maintaining cardio-vascular health, a strong immune system, and healthy skeletal and bone structure.

Algalo-logoAlgalo’s activity will join Frutarom’s well-established activity in the field of algae cultivation and production of active ingredients (polysaccharides) currently being used by some the world’s leading cosmetics companies for use in their skin care and protection products.

Ori Yehudai, President and CEO of Frutarom Group, said: “The investment in Algalo is part of a broad strategic move by Frutarom to reinforce its position and standing as a leading and innovative global supplier of natural specialty products and functional food ingredients in the fields of taste and health – which now make up over 75% of Frutarom’s activity. The technology developed by Algalo for cultivating, harvesting and processing algae expands Frutarom’s internal research and development capabilities for producing active ingredients from algae, a field in which we are already active, and provides an innovative platform and an additional growth engine for expanding Frutarom’s diverse product portfolio in the growing field of natural specialty ingredients.”

FrutaromLogo“Frutarom believes that biotechnology represents the next generation in the development and production of innovative natural ingredients for the industries which it serves, and the Company intends to continue expanding its capabilities in this area by intensifying investment in R&D within its laboratories as well as through additional investments and joint ventures with research institutions, universities and startup companies. Frutarom can contribute (to these ventures) from its experience in applied R&D, its industrial manufacturing and from its global deployment in over 150 countries with sales to more than 20,000 customers including leading global companies in foods and beverages, nutritional supplements, pharmaceuticals and cosmetics,” added Mr. Yehudai.

Read More

More Buzz…

HOME A.I.M. Archives

Copyright ©2010-2016 AlgaeIndustryMagazine.com. All rights reserved. Permission required to reprint this article in its entirety. Must include copyright statement and live hyperlinks. Contact editorial@algaeindustrymagazine.com. A.I.M. accepts unsolicited manuscripts for consideration, and takes no responsibility for the validity of claims made in submitted editorial.

From The A.I.M. Archives

— Refresh Page for More Choices
Developing renewable fuel from wet algae is one of the latest innovations Richland, Washington-based Pacific Northwest National Laboratory (PNNL) has successfully driven ...
Brian Krassenstein, writing in 3Dprint.com, goes deeper into the recent paper in Engineering in Life Sciences journal discussing the impact 3D bioprinting will have in th...
Scientists from the J. Craig Venter Institute (JCVI), a not-for-profit genomic research organization in La Jolla, California, have published a paper outlining new synthet...
The fully automated plant at the Fraunhofer Center for Chemical-Biotechnological Processes CBP in Leuna, Germany, was designed to produce microalgae at industrial scale. ...
EnAlgae researchers have published an economic model to help to explore the economics of cultivating macroalgae at sea. The model and report can be found here as outputs ...
OriginClear Inc. and partner AlgEternal have announced that, based on AlgEternal’s field tests, they believe their pure algae concentrate, harvested with OriginClear tech...
The Asahi Shimbun reports that an experimental facility to produce oil from algae was constructed on former farmland that was abandoned after the March 2011 Great East Ja...
Modesto, California-based G3 Enterprises, Inc. has entered into an agreement with Commercial Algae Professionals (CAP) to represent their unique drying technology in the ...
The new algae raceway testing facility, opening February 4 at Sandia National Laboratories in Livermore, California, paves a direct path between laboratory research and s...
Algae may hold the key to feeding the world’s burgeoning population. If algae’s efficiency at taking in carbon dioxide from the air could be transferred to crops, we coul...
If we built a Green Friendship Bridge composed of 8,600 algae microfarms given to Mexican and Central American farmers in lieu of 1%, (13 miles) of additional border wall...
EPA (eicosapentaenoic acid) fortified eggs are developing quite a demand among middle and upper-class consumers in China. With clinical trials demonstrating that EPA can ...